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Over the past year, JPMorgan Chase has faced tough criticism over the $6 billion London Whale trading losses and in his annual letter to shareholders Chairman and Chief Executive Jamie Dimon ...
Jamie Dimon, Leadership, and the London Whale The credibility of any leader depends on his or her ability to learn. JPMorgan CEO Jamie Dimon isn’t showing many signs of that.
If Jamie Dimon wasn’t responsible for the glaring failure to supervise Iksil and his colleagues, ... The London Whale fine is less than four per cent of the firm’s annual profits.
The London Whale has surfaced again. The lingering question is whether the investigations will prove that whales, like fish, rot from the head. In the early months of 2012, JP Morgan Chase’s Chief ...
Jamie Dimon's annual letter bluntly lays out his view on the London Whale: "The stupidest and most embarrassing situation I have ever been a part of." ...
Someone had to pay the price for that debacle. And that someone was J.P. Morgan's CEO, who saw his annual bonus slashed to a measly $10 million, a 53.5-percent pay cut from the year ...
And yet, Levin noted, “As late as May 10, bank C.E.O. Jamie Dimon repeatedly described the synthetic credit trades as hedges made to offset risk, despite information showing the portfolio was ...
Capitol Report Charges dropped after ‘London Whale’ accused Jamie Dimon of making him a fall guy Prosecutors say they cannot rely on testimony of trader nicknamed ‘London Whale,’ who ...
Home; Business; Features Jamie Dimon's Whale nightmare. The CEO of JPMorgan Chase is in hot water after a Senate report revealed that he had signed off on risky deals made by a London trader ...
There's a lot of minutia buried in 129 pages of London Whale dissection released by J.P. Morgan today. For instance, Jamie Dimon wasn't there when things went off.
J.P. Morgan's internal report on the London Whale places the blame or the incident at the feet of several executive, most strongly the head of the Chief Investment Office Ina Drew, and says CEO ...
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